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Jacko Pay$ the Taxman


Michael Jackson’s Neverland ranch seems to be quite the money pit.

Wacko reportedly paid a $600,000 Neverland tax bill last week. Finally.

The property has been rumored to be in foreclosure forever!

However, the payment doesn├óΓé¼Γäót cover the $23 million for which Jackson still owes in loans he’s taken out against Neverland.

A source claims that the $23 million loan is two weeks past its foreclosure deadline…which means those creditors could take Jacko to court at any time!

Also, there’s still no news about an M.J. appearance at this weekend’s Grammys.

Don’t count on it!

[Image via WENN]

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Feb 07, 2008 12:41pm PDT

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